Format

ALLOTMENT LETTER
Allotment Letter Number- Dated:

To,

Mr/Mrs./Ms. ………………………………….
S/o, W/o, D/o …………………………………
R/o ……………………………………………
(Address)
Telephone/mobile number ……………………
Email ID
(Name and address of allottee. Allottee may be an individual, individuals,
partnership firm, society, company, Government agency/unit etc.)

Dear Sir/Madam,

Kindly refer to your application dated ………………… for allotment of a plot/an

apartment/a house/ a shop/ a commercial unit/ building/flat/………… in the Real Estate
Project named ………………………………. being developed/to be developed by us as a
Developer (name of Developer ……………………………) on khasra number (s)….........in
town/revenuevillage……Pargana………………Tehsil…………….District…………...……
.….The legal and valid ownership of the above land(s) lies with…………………………
(name and address of the land owner(s). As the ownership of the land lies with person(s)
different from the promoter/developer itself, therefore a Joint Development
agreement/Collaboration Agreement/Development Agreement/………….Agreement
dated……………has been executed between me/us as promoter(s) and the land owner(s),
copy of which is being annexed herewith. Layout plan/Construction plan and map of the
Real Estate Project has been sanctioned by……………………………..(name of the
Competent Authority) vide sanction letter number………………….dated…………..in
my/our name or in the name of land owner(s), copy of which is being annexed herewith.
Also approval/clearance of……………….by…………………………….(name of the
concerned authority) has been obtained vide letter no……………………dated………….,
copy of which is attached herewith. In your application you have indicated allotment of
your choice/not indicated any choice for allotment.

We have received from you Rs. ……………………(Rupees…………..only) as the

booking amount/first installment for the allotment of plot/apartment/house/shop/commercial
unit/building/flat/………………. in the above said project.

We are pleased/sorry to inform you that you have been allotted/could not be
allotted a plot/apartment/house/shop/commercial unit /building/flat. The number of alloted
plot/apartment/house/shop/commercial unit/building/flat/ …………. is………….. situated

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on floor ………………. Block/Tower …………… and having area/carpet area
……………… sq.meters. The said plot/apartment/unit is/is not as per your choice.

Some of the essential details of the project are being enumerated herein below for
your information, namely-

1) Project registration (from RERA)-

Registration No.-
Date-
Validity till date
2) Layout approval-
Approval No.-
Date-
Validity till date-

3) Map approval-
Approval No.-
Date-
Validity Period (till date)-
4) Other approvals (if any)-
Approval no.
Date
Validity till date
5) Estimated Project Cost- Rs.
6) Project Commencement date-
7) Stage wise completion/
Time schedule of project-
8) Status of Project Development till date- (1) Physical
Progress
(2) Financial
9) Land title status- Owned by Promoter(s) Khasra Number(s)-
Town/Village-
Pargana-
Owned by others Tehsil-
District-
10) Details of separate bank account Name of Bank
for the project- Name of Account Holder
Account Number
Total collection till date
Total expenditure till date
Balance Amount in the account
(as on date……………)
11) Estimated cost of the plot/apartment/
House/shop/commercial unit/ building

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 (excluding taxes) allotted
12) Project Completion Date
13) Handing over possession
Time/date
14) Schedule of payment dates-

S.No. Particulars Due time Installment Amount

st
1. 1 Installment At the time of booking 2 percent of the cost of
plot/apartment etc. as
booking amount
2. 2nd Installment at the time of signing Further 8 percent of the
the agreement to sell cost of plot/apartment etc.
which shall be done
within one month of
issuing allotment letter
and within two months
of booking application
along with receipt of
booking amount
3. 3rd Installment On 20% physical Further 15 percent of the
progress of the allotted cost of plot/apartment etc.
unit and within 4
months of the
allotment
letter/agreement for
sale
4. 4th Installment On 40% physical Further 15 percent of the
progress and within 07 cost of plot/apartment etc.
months of date of
allotment letter/
agreement for sale
5. 5th Installment On 60% physical Further 15 percent of the
progress and within 10 cost of plot/apartment etc.
months of date of
allotment letter/
agreement for sale
6. 6th Installment On 80% physical Further 15 percent of the
progress and within 14 cost of plot/apartment etc.
months of date of
allotment letter/
agreement for sale
7. 7th Installment On 90% physical Further 15 percent of the
progress and within 16 cost of plot/apartment etc.

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 months of date of
allotment letter/
agreement for sale
8. 8th Installment On 100% physical Further 10 percent of the
progress and within 18 cost of plot/apartment etc.
months of date of
allotment letter/
agreement for sale
9. 9th installment On the date of giving Further 05 percent of the
possession and within cost of flat/apartment
19 months of date of
allotment letter/
agreement for sale
10. Execution and Immediately after
registration of handing over
conveyance deed possession and within
20 months of date of
allotment letter/
agreement for sale

15) Mode of payment-

Cheques, draft or online transfer of money.
16) Delayed Payment of Installment-
Interest from the allottee to the developer of the project for the delayed payment of
any installment shall be at the existing SBI highest marginal cost of lending rate plus
two percent from the due date for the delayed period.
17) Cancellation of allotment-
i. In case of default in payment of three consecutive installments this allotment
may be liable to cancellation. In such case the booking amount* may be
forfeited.
ii. The allottee may at any stage but prior to completion/handover possession
date, withdraw himself from the project and may request for cancellation of
the allotment. In such case also the booking amount may be forfeited. The
booking amount is also refundable without interest in case of non acceptance
of allotment.
iii. In both the cases the amount deposited under the installments shall be
refunded to the allottee without interest within 45 Days of cancellation.
18) Registration, taxes and other charges-
At the time of executing the agreement to sale and conveyance deed all the
registration and other charges including incidental expenses as well as taxes
(including GST) shall be borne and paid by the allottee.

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 You have to enter into an Agreement for Sale and the Conveyance deed with us
within three months of allotment/one month of the handing over possession
respectively in the formats enclosed herewith.

Kindly acknowledge the receipt of the allotment letter and also confirm your
acceptance for the said allotment by date………………………
Dated …………………..
Signature ……………………
Name ………………………..
(Promoter/Director/Partner/Authorized Person etc.
For and on behalf of Developer/promoter, the authorization resolution/letter is being
annexed herewith)
*Note -Booking amount is a token amount and should not be more than 2% of the basic
sold price of the plot/apartment/house/shop/commercial unit/building/flat etc. and will
be adjusted in the sale proceeds.